The purpose of this report is to cover the definition, description, and forecast of Asia-Pacific well intervention services market. It involves a deep dive analysis of the market segmentation, which is based on various services and applications. The report also sheds light into the competitive landscape of the market through a strategic analysis of the key players. Asia-Pacific well intervention services market, in terms of services, has been segmented into logging & bottom hole survey, tubing/packer failure & repair, stimulation, artificial lift, and others. The applications of this market are categorized into onshore and offshore. This report is segmented by a country level analysis which includes China, Australia, India, Indonesia, Malaysia, and others.

China is the largest market for well intervention services market, and is projected to grow at a CAGR of 2.8% during the forecast period from 2014 to 2019. Growing demand of nature gas will drive the industry growth in this region.

The onshore market accounted for the largest market share of 72.7% within the well intervention services market in 2013. The offshore well intervention activities held the market share of 27.3% in 2013. The technologies required are advanced in case of offshore activities, which makes offshore well intervention expensive in comparison to onshore activities. The rise in deep water and ultra-deep water activities for the oil hunt is now increasing the demand of heavy well intervention applications. The operators are interested in investing more and more in offshore oilfields to meet the energy needs.

Segmentation and country-specific company shares, news & deals, M&A’s, and segment-specific pipeline products, product approvals, and product recalls, of the major companies have been detailed in the report. The main companies operating in Asia-Pacific well intervention services market are Baker Hughes Inc. (U.S.), Halliburton Co. (U.S.), Schlumberger Ltd. (U.S.), and Weatherford International Ltd (Ireland).

5 Asia-Pacific Well Intervention Market, By Application (Page No. - 29)
5.1 Introduction
5.2 Asia-Pacific Well Intervention Market in Onshore, By Country
5.3 Asia-Pacific Well Intervention Market in Offshore, By Country

Well intervention is the process of intrusion in the well to enhance production which has declined due to the change in reservoir conditions or any other operational difficulties. It also develops the productivity of the existing wells. There are various techniques such as logging & bottom hole survey, tubing/packer failure & repair, stimulation, remedial cementing, zonal isolation, sand control services, artificial lift services, fishing, and re-perforation which are used according to the geographical locations, types of service required, and other technological and commercial requirements of the service.

The soaring energy demand is pressurizing the field operators to increase the production of the hydrocarbons. As the existing oil & gas reserves are diminishing, the need for well intervention services is gaining its pace. On the other hand, the maturity of existing oil & gas wells is also leading to greater extent of intervention/workover services. This trend of the industry will make lucrative for equipment, manufacturers, and service operators.

The well intervention services market in Asia-Pacific was valued at $1431.0 million in 2014, and is expected to grow at a CAGR of 3.5% from 2013 to 2019. The market segment of China commanded the largest share of 23% in this market in 2013, and is expected to reach a value of $368.1 million by 2019, at a CAGR of 2.8% during the forecast period.

An in-depth market share analysis, by revenue, of the top companies are included in this report. These numbers are arrived at, based on the key facts, annual financial information from annual reports and interviews with industry experts and key opinion leaders, such as CEOs, directors, and marketing executives. Top market players established their base in Asia-Pacific well intervention services market are Baker Hughes Inc. (U.S.), Halliburton Co. (U.S.), Schlumberger Ltd. (U.S.), and Weatherford International PLC (Ireland).

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